NYSE:TTE 17 November 2025 - 3 March 2026

PARIS — November 17, 2025. TotalEnergies has agreed to acquire a 50% stake in Energetický a průmyslový holding’s flexible power generation platform in a €5.1 billion, all‑stock transaction. The deal creates a 50/50 joint venture spanning more than 14 gigawatts of gas‑fired, biomass and battery assets across Italy, the UK & Ireland, the Netherlands and France, with closing targeted for mid‑2026 pending approvals. EPH will be paid in newly issued TotalEnergies shares and become a meaningful shareholder in the French energy major. TotalEnergies.com+1 For TotalEnergies, the acquisition accelerates a strategy to marry intermittent renewables with “clean firm” capacity that can balance grids and serve large, round‑the‑clock loads such as data centers. The company also points to tighter gas‑to‑power integration in Europe, leveraging its leading LNG supply position; management estimates the incremental power output enables value capture linked to roughly 2 million tpa of LNG. TotalEnergies.com